Announcements

Date : 29 March 2018

MATERIAL LITIGATION WRIT OF SUMMONS AND STATEMENT OF CLAIM SERVED ON ALAM SEKITAR MALAYSIA SDN BHD ("ASMA"), A WHOLLY-OWNED SUBSIDIARY OF PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" OR "THE COMPANY"), BY OVAL ENGINEERING SDN BHD ("OVAL ENGINEERING")

PROGRESSIVE IMPACT CORPORATION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
WRIT OF SUMMONS AND STATEMENT OF CLAIM SERVED ON ALAM SEKITAR MALAYSIA SDN BHD ("ASMA"), A WHOLLY-OWNED SUBSIDIARY OF PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" OR "THE COMPANY"), BY OVAL ENGINEERING SDN BHD ("OVAL ENGINEERING")

(All abbreviations used in this announcement shall have the same meanings as defined in the earlier announcement made on the date below, unless otherwise stated or defined herein)

Further to the announcement made by the Company on 26 March 2018, the Board would like to inform that the Writ of Summons and Statement of Claim are not expected to have a material impact on the operations of the Group.

This announcement is dated 29 March 2018.






Announcement Info

Company Name PROGRESSIVE IMPACT CORPORATION BERHAD
Stock Name PICORP
Date Announced 29 Mar 2018
Category General Announcement for PLC
Reference Number GA1-29032018-00099